When you start thinking about retiring, and desirable places to live, just look in your own back yard. But then again, don’t. Retirement in the Bay State is the best of times, and the worst of times (to loosely quote Charles Dickens.) Wait, what? How can that be? Massachusetts is one of the best…and worst places to retire?
There are many factors that go into deciding where to spend your “golden years.” Weather, healthcare, affordabilty all come into play. It’s a stage in life that is a little similar to graduating high school and deciding what’s next. There’s a major life decision to be made in where you want to go, and what part of the country you want to live. If you are thinking about staying close, keep in mind, Massachusetts is one of the best…and worst places to retire.
WalletHub did the work. They compared all 50 states, using 47 standards of “retirement-friendliness.” They tested everything from affordability to health care, and overall quality of life. Below, you will see how all our New England states ranked overall, and in the 3 key factors. You can see all the states, where they rank and how they fared in the 3 different indicatorn in an interactive map, HERE.
When it comes to choosing a state to retire, you have to consider what’s most important to you. Is it healthcare? Is it affordability? Is it quality of life? Is it all of the above? In the case of the latter, you would look for an overall score.